Category: News

News and updates from the automotive aftermarket: performance, restyling, hot rods, and customization.

McLaren Racing Joins Formula E

McLaren Racing will enter the all-electric 2022-2023 ABB FIA Formula E World Championship joining the team’s portfolio of Formula 1, IndyCar, Extreme E and esports, the organization announced. “The move into Formula E not only reflects McLaren’s commitment to EV motorsport but the aim to accelerate McLaren Racing’s sustainability journey and reach a new, more… Continue reading McLaren Racing Joins Formula E

Milton Industries Acquires Thunder Technologies

Chicago-based Milton Industries, a producer of pneumatic and hydraulic accessories, has acquired Thunder Technologies, manufacturer of industrial hose, piping expansion joints, cut rubber and gasket products, the company announced. Thunder Technologies, based in Rochester Hills, Michigan, has been in business for more than 14 years serving U.S. and international customers in the manufacturing, industrial, energy,… Continue reading Milton Industries Acquires Thunder Technologies

Auto Care Association Opens Applications for 2022 Awards

The Auto Care Association is now accepting applications for its 2022 industry awards, the organization announced. All Auto Care Association member companies and employees are eligible to participate. According to the organization, the awards are given to individuals and companies demonstrating excellence in the industry through professional development, outstanding communication efforts and educational initiatives for… Continue reading Auto Care Association Opens Applications for 2022 Awards

SSBC-USA Adds Digital Marketing Coordinator

SSBC-USA has appointed its newest team member, Joey Williams, to the position of digital marketing coordinator, the company announced. The addition of a marketing professional will allow SSBC-USA to increase its digital footprint, highlight the company’s expansion and bring awareness its latest performance braking products, the company said. A graduate of Canisius College, Williams specializes… Continue reading SSBC-USA Adds Digital Marketing Coordinator

LKQ Corporation Announces $500 Million Increase in Stock Repurchase Program

LKQ Corporation’s Board of Directors has authorized a $500 million increase to its existing stock repurchase program, the company announced. The increase raises the aggregate program authorization to $2.5 billion through October 25, 2024. Since initiating the stock repurchase plan in October 2018, the company has repurchased 37.3 million shares through March 31 for total… Continue reading LKQ Corporation Announces $500 Million Increase in Stock Repurchase Program

Cahaba Media Group Acquires THE SHOP

Cahaba Media Group has acquired the assets of two business-to-business brands, THE SHOP and RV PRO, from National Business Media, Inc., the company announced. THE SHOP—which includes a print magazine, digital issue, website, daily newsletter, social media and podcast—offers automotive aftermarket professionals insight on trends and products in performance, restyling/aftermarket accessories, hot rods and customization,… Continue reading Cahaba Media Group Acquires THE SHOP

Private Investment Firm Acquires S&W Performance Group

S&W Performance Group, a drag racing and performance street vehicle chassis and components manufacturer, has been acquired by an automotive enthusiast-owned private investment firm. “I have decided to step away from ownership and into retirement. It was a difficult decision, as I have devoted my life to our family business and thoroughly enjoyed piloting S&W… Continue reading Private Investment Firm Acquires S&W Performance Group